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Is FP Markets suitable for scalping ?

glebismailov
Apr 23 2020 at 06:25
11 posts
People already answered - yes, you can scalp with FP Markets. It's actually one of the best brokers to do that actually.

Martinki
Apr 23 2020 at 09:30
18 posts
My experience has been good experience so far with FP Markets. I'm trading using their MT4 Raw spreads account- positions execution is pretty fast, spreads are good as well.

Xazvier
Apr 27 2020 at 12:56
32 posts
From my experience, FP Markets has definitely been good, their trading conditions have been very reliable even during high volatile events.
Another advantage is that FP Markets is regulated by ASIC so they have to be very compliant, so clients can be rest assured that their funds are safe

Steve75
Apr 28 2020 at 10:10
9 posts
I’m about to open an account with FP Markets, Since I’m a scalper wanted to know if FP Markets are a better choice of broker for scalping. Let me know if there is any other hidden cost on their spreads, execution and Commission per Lot on the Raw account.

KQad
May 05 2020 at 09:27
16 posts
FP Markets have one the of the best customer support out of all the brokers that i have traded with. Their response time is almost instantaneous and are genuinely trying to help you unlike other brokers.

I asked them over a dozen questions before deciding to open a account with them and Irida from their customer support was patient enough to answer every single question in detail without getting pissed off.

akevi
May 06 2020 at 10:42
18 posts
Steve75 posted:
I’m about to open an account with FP Markets, Since I’m a scalper wanted to know if FP Markets are a better choice of broker for scalping. Let me know if there is any other hidden cost on their spreads, execution and Commission per Lot on the Raw account.


Hi steve75, I would recommend you to use FP Markets, its a good choice for scalping.

The commissions are lower compared to other similar ECN brokers, they only charge US$3 per lot, spread starts from a little as 0.0 Pips.

As for the hidden cost, FP Markets have no hidden cost except for the commision, its transparent in their website

Steve75
May 11 2020 at 05:42
9 posts
I'm from Spain do they accept Spanish clients, how are their spreads on commodities ?

LyudmilLukanov
Sep 19 2020 at 16:48
793 posts
Scalping is a short time trading strategy. So, spread is a big matter regrading this kind of strategy. Trader should choose low spread broker for scalping.

GordonDenzil
Sep 23 2020 at 07:39
45 posts
Currently trading with another broker but looking to move my account to FP Markets as the spreads over there are better.

Their standard commission is 3$ per lot, any chance to get a discount/rebate on this?

Juan_Garcia
Sep 23 2020 at 11:58
33 posts
Well, I think it's suitable if you don't mind +0.5 extra pips for commission (rt). Otherwise, Fxview is leading imo if looking for low spreads when commission is included.

SofieAndreasen
Oct 04 2020 at 18:00
759 posts
Xazvier posted:
From my experience, FP Markets has definitely been good, their trading conditions have been very reliable even during high volatile events.
Another advantage is that FP Markets is regulated by ASIC so they have to be very compliant, so clients can be rest assured that their funds are safe

Besides regulation, Scalper needs low spread and fast execution platform without requote. If they provide those they are good for scalping.

GeorgeBischof
Oct 05 2020 at 11:24
318 posts
Scalping is the strategy which is taken by mostly new traders. They use this strategy to make money quickly from the market.

CanoeMussy
Oct 26 2020 at 06:48
37 posts
For any trader, low trading commissions and tight spreads are important considerations.

Hillartrading
Oct 26 2020 at 12:46
32 posts
CanoeMussy posted:
For any trader, low trading commissions and tight spreads are important considerations.


Agree.. People tend to look at spreads without considering the commissions. In most cases there's high on either side, spreads or commission except few brokers including fxview, tickmill, fpmarkets.

Daniel993
Nov 24 2020 at 11:29
46 posts
From my trading experience, FP Markets have been good for scalping. I decided to open an account with them after feedback from other traders.

Their EURUSD spreads for example: averages 0.0 pips through the day, the execution is stable even during high volatile events.

Georgegiffen43
Nov 25 2020 at 08:02
24 posts
Yes, that’s true. FP Markets is a good broker. I have been using it for scalping for the last two years.

Justin990
Dec 06 2020 at 19:22
25 posts
Trading with FP Markets for a while, I did not have any issues with their spreads even during high market movements, especially on news and the execution speed is fast as usual.

reggae
Dec 07 2020 at 11:32
70 posts
FP has good trading conditions, but their commission is somewhat higher than what I was expecting. One thing I noticed is that their trading conditions are similar to fxview and tickmill except they have lower commission - $1 and $2 per 100k per side respectively, which is what I’d like to see for scalping.

Ramierez
Dec 08 2020 at 15:58
28 posts
I'm a scalper trading for close to a year and have tried ICM, pepperstone and FXM in the past, and currently trading with FP Markets for about two months.

The spreads and commission costs are lower compared to my previous brokers; the customer service dedicated manager was helpful as well in solving queries.

Joz8
Dec 09 2020 at 07:30
104 posts
How are they for scalping? I doubt if FP Market's spreads are that good. And what about order execution?

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